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Social security body chases the indebted for over $12 bln
Turkey’s Social Security Institution (SGK) has launched an intensive campaign to collect some TL 19.5 billion ($12.1 billion) in outstanding debt the country’s citizens owe to it, the Bugün daily reported on Friday.
Turkey´s current account deficit widened to $7.7 billion in April
Turkey’s current-account deficit widened in April from a year earlier, underlining the most pressing economic weakness facing Prime Minister Recep Tayyip Erdoğan as he starts his third term in office.
Istanbul´s growing pull recognised
The Turkish city of Istanbul is set for a lucrative 2011, with visitors likely to spend about $10.2 billion (£6.19 billion) in the destination this year, according a study.
Bashak-Inam Sigorta has renewed certificate of quality management system
Baku, Fineko/abc.az. Insurance company Bashak- Inam Sigorta has passed audit for quality management system in Turkish standard institute.
Health and Dental Tourism: What’s Happening in Hungary, Turkey & Oklahoma?
In Hungary, the dental tourism profits reach a stunning 227 million Euros annually, which means that the country has got as much as 40% share of the entire European tourism market.
Euler Hermes Appoints Ozlem Ozuner CEO in Turkey
Starting June 1st, 2011 Ozlem Ozuner is taking up the position of Chief Executive Officer of the Turkish entity of Euler Hermes, the global leader in credit insurance.
We’re better off than Europe!
Turkey is winning the struggle against unemployment. In March, unemployment went down to 10.8 percent. When calculating the effects of the season that figure comes down to 9.9 percent. As a result, this means that 48 months later, we are now down to the single digits.
AXA To Cut Costs, Tap Emerging Markets In 5-Year Plan
AXA SA (CS.FR) Wednesday promised investors it will cut costs and debt to improve cash flow and margins, while being selective with businesses in mature markets and increasing its focus on growth in emerging countries.
March enjoys 2.9 pct year-on-year surge in employment
Following a 0.4 percent recovery in February over the preceding month, Turkey’s unemployment fell to 10.8 percent in March, 2.9 percent lower compared to the same month of 2010, sending signals of further recuperation in the markets, data from the Turkish Statistics Institute (TurkStat) have shown.
Local administrations record TL 2.84 billion budget surplus in May
Turkey’s municipalities posted a budget surplus of TL 2.84 billion in May, after showing an overall budget deficit of TL 233 million for the first five months of the year.

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